This paper examines the complex relationship between geopolitical risk events and cryptocurrency market volatility using high-frequency transaction data from 2018 to 2024, with particular focus on implications for emerging economies including African financial markets. We develop a novel artifi... Read More

Considering the multifaceted complexity of systemic risk and lack of predictive power of the current Financial Soundness Indicators, the authors intend to develop a new banking sector fragility index as an early warning signal for systemic risks; but also examine how climate shocks and exchange... Read More

This paper empirically investigates the effect of cotton production and transmission channels of the international cotton price shocks on government revenues in Burkina Faso, a cotton-exporting country. Using the Structural Vector Autoregression (SVAR) model on data from 1985 to 2022, we find t... Read More

Cryptocurrencies are risky currencies due to their extreme price volatilities and requires an estimation of coherent risk measures for an effective portfolio optimization and risk management. We focus on seven cryptocurrencies (Bitcoin, Ethereum, Litecoin, Ripple, Das, Monero, and Steller) and ... Read More

Financial capability and asset-building interventions have long been overlooked as a mechanism for improving employability and employment outcomes. Previous research has established a positive link between participation by young work seekers in youth employment programmes (YEPs) and employment ... Read More

The capacity of inflation targeting (IT) policy to consolidate gains from financial liberalization in developing countries has been questioned, particularly after real interest rates have been driven to a negative territory following COVID-19’s inflationary pressures. In this study, we examine t... Read More

In this rapidly evolving cryptocurrency market, traditional financial metrics often inadequately capture the distinct characteristics and high volatility inherent to these digital assets. This paper proposes a novel Cryptocurrency Performance Metric (CPM) designed to address these limitations b... Read More

This paper separately assesses the impact of the franc CFA’s fixed parity with the euro on the real GDP per capita of the WAEMUand CAEMCeconomicandmonetaryareas. Using data collected from eight and six countries respectively, and over the period 1989–2019, we usecounterfactual estimation method... Read More

Themoderneconomy, characterised by increasing connectivity, and rapid digitalisation is transitioning to wards a fast-evolving, data-driven driven digital landscape. This pervasive digital revolution has permeated nearly every sector, reshaping the labour market and business practices, while in... Read More

This study examines the impact of capital structure on firm performance using a large sample of 17,284 non-financial Indian firms spanning the period from 2009 to 2023. Drawing on trade-off, agency, and pecking-order frameworks, we apply static (OLS, FE/RE) and dynamic (system GMM) panel regres... Read More

This study examines the key determinants of Bitcoin’s price dynamics and its volatility contagion with major financial assets, including Brent oil, gold, USDX (US Dollar Index), EURO-USD, DJIA, and Nikkei-225, using advanced econometric techniques. By employing Wavelet Coherence and multivariat... Read More

Universities play a pivotal role in driving national economic development and advancing both global and national educational objectives. Ensuring financial sustainability in public universities is critical for achieving these goals. Existing research highlights the importance of revenue diversifi... Read More